OPay, a leading financial service provider in Nigeria, has demonstrated its commitment to education and community development by awarding ₦12 million in scholarships to 40 students at Ahmadu Bello University (ABU), Zaria. Each student will receive ₦300,000, a financial boost designed to ease economic challenges and foster academic excellence. The […]
FINTECH
Remita Payment Services Limited (RPSL) reaffirmed its dedication to Nigeria’s fintech transformation at the seventh annual Nigerian Fintech Week (NFW), which took place recently in Lagos. The Nigerian Fintech Week, recognized as Africa’s leading gathering for fintech pioneers and industry influencers, has earned a reputation for fostering groundbreaking ideas, strategic […]
Wema Bank Plc has introduced the ALAT Xplore App, a new mobile banking platform tailored for teenagers aged 13-17. Officially launched on October 26, 2024, in Lagos, this innovative app is designed to empower young people with essential financial resources and guide them toward financial responsibility from an early age. […]
MTN Nigeria has taken a significant step in expanding its footprint in Nigeria’s digital payments ecosystem by applying for two crucial licences—Payment Service Solutions Provider (PSSP) and Payment Terminal Service Provider (PTSP)—for its fintech arm, MoMo Payment Service Bank (MoMo PSB). With these licences, MTN aims to simplify payment processing […]
In celebration of World Savings Day 2024, 9 Payment Service Bank (9PSB), a prominent digital payment service provider dedicated to advancing financial inclusion in Nigeria, hosted a financial literacy and mentorship program for students at Fountain Heights Secondary School in Surulere, Lagos. This initiative aligns with the Central Bank of […]
October 2024 marked a significant month for African startups, with a total of $254 million secured in funding, fueled by a record-setting $110 million Series C round from Nigerian fintech Moniepoint. This single investment accounted for 43% of the month’s total, reinforcing Nigeria’s leading role in Africa’s technology landscape and […]
MoneyMaster Payment Service Bank (MMPSB), a leader in Nigeria’s payment services, has launched a new offer for both new and existing customers, granting them 10% extra data on recharges of N1,000 or more. This bonus, which lasts for 30 days with a rollover feature, is designed to reward loyal customers […]
PalmPay, Nigeria’s leading fintech platform, was awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26th. The award, presented by Brand Communicator, celebrates Palmpay’s remarkable contribution to expanding financial inclusion across Nigeria. The recognition from Brand Communicator reflects PalmPay’s commitment to bridging […]
MoMo PSB has announced the launch of its new outbound and inbound remittance service, enabling customers in Nigeria to send money to 13 African countries seamlessly. The service covers destinations such as Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, […]
Leaders of the Owode Onirin market in Lagos have formally endorsed MoneyMaster Payment Service Bank (PSB), commending its innovative financial products, exceptional customer service, and dedication to enhancing financial inclusion. The endorsement came during a visit from the MoneyMaster PSB team on Friday, coinciding with the week-long celebration of the […]